On Thursday, September 7, fire and police department representatives from across Colorado gathered for the 2017 FPPA Employer Summit. Nearly 100 employer representatives from over 60 departments attended the full-day event in Greenwood Village.
As the event began, the theme was announced as “Back to Basics”. The day would offer plenty of basic plan information and background details throughout the proceedings, in order to provide maximum benefit for employers who were relatively new to the FPPA system. For seasoned employers, this would also be an opportunity to review the basic points of FPPA membership that often are not covered at the Employer Summit.
To start the day, FPPA General Counsel Kevin Lindahl presented the State of FPPA, an overview of FPPA’s current funding status, investment performance and enrollment numbers. FPPA was proud to announce that the Statewide Defined Benefit Plan, Statewide Hybrid Plan and Statewide Death and Disability Plan all remain over 100% funded as of December 31, 2016, and that last year FPPA saw a 2.5% increase in total number of retirees (congrats!).
The summit continued with updates from staff on various FPPA plans and processes, including changes to the Employer Portal and GASB reporting from Ahni Smith, Accounting Director. Additionally, FPPA Benefits Director Ben Colussy presented an overview of the Statewide Death & Disability Plan. Throughout the day, many FPPA staff from various departments were on hand to answer any questions from employers who were in attendance.
The 2017 Keynote address was delivered by Corey Ciocchetti, Associate Professor of Business Ethics and Legal Studies at the University of Denver. Corey’s thoughtful and humorous presentation, entitled “Inspire Integrity: Chasing an Authentic Life,” encouraged attendees to look at their world through fresh eyes, and consider a new approach to work/life balance and tackling one’s challenges. The address was met with rave reviews from employers and FPPA staff alike.
Slides for several of the event’s presentations are available for download on the FPPA employer portal. Thank you to all who attended the 2017 Employer Summit.
Ryan Woodhouse is a Digital Content Specialist for the Fire & Police Pension Association of Colorado. When not creating content for FPPA, Ryan can be found fly fishing in the Colorado high country or shouting at the TV during University of Wisconsin football and basketball games.